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High Correlation Stock Scalps For December 5
http://www.tigersharktrading.com/articles/33833/1/High-Correlation-Stock-Scalps-For-December-5/Page1.html
By Stock Scalper
Published on 12/2/2016
 

Which stocks are most correlated to the S&P 500? Click for the whole list.


High Correlation Stock Scalps For December 5

If the stock market can move sectors and stocks, which sectors and stocks are most likely to move in step with the stock market? Sectors and individual stocks most highly correlated to the overall market can use the S&P 500 SPDR ETF (SPY) as a directional indicator.

The following individual stocks are most correlated the S&P 500 SPDR ETF (SPY).

CSCO Cisco Systems
GOOGL Alphabet Inc Cl A
AMZN Amazon.com Inc
GOOG Alphabet Inc Cl C Cap Stock
CL Colgate-Palmolive Co
PM Philip Morris Intl Inc
VZ Verizon Communications
MDT Medtronic plc
UTX United Technologies
SO Southern Co Inc
ABBV AbbVie Inc

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.